WORKSHEETS - PerformLaw · Timekeeper FTE Salary Bonus Total Comp Benefits Loaded PR Legal Hours PR...
Transcript of WORKSHEETS - PerformLaw · Timekeeper FTE Salary Bonus Total Comp Benefits Loaded PR Legal Hours PR...
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WORKSHEETS
P1 P2 P3 P- TOTAL PCPH A1 A2 A3 A4 A5 A6 A- TOTAL A-CPH PL1 PL2 PL3 PL-TOTAL PL-CPH TOTAL
PayrollandRelated - - - - - 181,125 136,563 136,275 120,750 146,625 130,813 852,150 68.31 78,000 79,500 76,200 233,700 47.84 1,085,850Totalsecretarialcosts 71,173 45,579 43,087 159,839 29 23,724 29,877 29,877 30,782 45,579 43,087 202,926 16.27 - - - - - 362,765AdminPRandRelated 25,235 25,235 25,235 75,706 14 18,926 18,926 18,926 18,926 18,926 18,926 113,559 9.10 6,309 6,309 6,309 18,926 3.87 208,191Facility 37,452 37,452 37,452 112,357 20 28,089 28,089 - 28,089 28,089 28,089 140,446 11.26 9,363 - 9,363 18,726 3.83 271,529EquipmentandPracticeAids 16,542 15,567 15,967 48,075 9 16,542 16,542 16,542 15,567 16,542 15,967 97,700 7.83 11,842 11,842 11,842 35,525 7.27 181,300Marketing/Bus.Dev. 37,333 13,333 48,333 99,000 18 6,633 5,833 7,333 5,533 7,033 5,633 38,000 3.05 3,333 3,333 3,333 10,000 2.05 147,000CLEandTrainingCosts 5,629 4,629 6,629 16,888 3 4,629 3,129 2,829 1,629 2,529 2,129 16,875 1.35 879 979 1,129 2,988 0.61 36,750GeneralandAdmin. 18,027 16,712 20,667 55,406 10 11,833 11,833 11,833 11,833 11,833 11,833 70,999 5.69 4,401 4,401 4,401 13,204 2.70 139,610
Total 211,392 158,507 197,371 567,270 101 291,502 250,792 223,615 233,110 277,157 256,477 1,532,654 123 114,128 106,364 112,578 333,070 68 2,432,994
ClientServiceHours 2100 1800 1700 5600 2300 2050 1825 1950 2200 2150 12,475 1700 1600 1585 4885 41,035Perhourcost 101 88 116 101 127 122 123 120 126 119 123 67 66 71 68 59
Revenueperhour 286 361 279 220 220 205 226 220 198 106 100 98 213Costperhour 101 88 116 127 122 123 120 126 119 67 66 71 59
NetProfitperhour 185 273 163 93 97 83 106 94 78 39 34 27 154Returnperhourworked 185 273 163
TIMEKEEPERCOSTRECAP
TIMEKEEPER PAYROLL AND RELATED
REVENUE ALClientHours
RevenueCredit CollectedRate Practice1 Practice2 Practice3 Total Practice1 Practice2 Practice3 Total
1,250,000 900,000 2,750,000 4,900,000 1,250,000 900,000 2,750,000 4,900,000Partner1 2,100 600,000 285.71 600,000 600,000 2,100 2,100Partner2 1,800 650,000 361.11 650,000 650,000 1,800 1,800Partner3 1,700 475,000 279.41 475,000 475,000 1,700 1,700
Sub-total 5,600 1,725,000 308.04 650,000 475,000 600,000 1,725,000 1,800 1,700 2,100 5,600
Associate1 2,300 505,000 219.57 505,000 505,000 2,300 2,300Associate2 2,050 450,000 219.51 450,000 450,000 2,050 2,050Associate3 1,825 375,000 205.48 375,000 375,000 1,825 1,825Associate4 1,950 440,000 225.64 440,000 440,000 1,950 1,950Associate5 2,200 485,000 220.45 485,000 485,000 2,200 2,200Associate6 2,150 425,000 197.67 425,000 425,000 2,150 2,150
Sub-total 12,475 2,680,000 214.83 440,000 425,000 1,815,000 2,680,000 1,950 2,150 8,375 12,475
Paralegal1 1,700 180,000 105.88 160,000 20,000 180,000 1,513 187 1,700Paralegal2 1,600 160,000 100.00 160,000 160,000 1,600 1,600Paralegal3 1,585 155,000 97.79 155,000 155,000 1,585 1,585
Sub-total 4,885 495,000 101.33 160,000 - 335,000 495,000 1,513 - 3,372 4,885
Total 22,960 4,900,000 213.41 1,250,000 900,000 2,750,000 4,900,000 5,263 3,850 13,847 22,960
OHALLOC 22.92% 16.77% 60.31% 100.00%
REVENUE ALLOCATION-ORIGINATOR HOURS ALLOCATION-ORIGINATORREVENUE ALLOCATION-TIMEKEEPER
TIMEKEEPER PAYROLL AND RELATED
Timekeeper FTE Salary Bonus TotalComp Benefits LoadedPR LegalHours PRCPHPartner1 1 2,100Partner2 1 1,800Partner3 1 1,700
3 - - - - - 5,600
15%Associate1 1 135,000 22,500 157,500 23,625 181,125 2,300 78.75Associate2 1 115,000 3,750 118,750 17,813 136,563 2,050 66.62Associate3 1 118,500 - 118,500 17,775 136,275 1,825 74.67Associate4 1 105,000 - 105,000 15,750 120,750 1,950 61.92Associate5 1 112,500 15,000 127,500 19,125 146,625 2,200 66.65Associate6 1 102,500 11,250 113,750 17,063 130,813 2,150 60.84
Sub-total 6 688,500 52,500 741,000 111,150 852,150 12,475 68.31
20%Paralegal1 1 60,000 5,000 65,000 13,000 78,000 1,700 45.88Paralegal2 1 62,500 3,750 66,250 13,250 79,500 1,600 49.69Paralegal3 1 63,500 - 63,500 12,700 76,200 1,585 48.08
Sub-total 3 186,000 8,750 194,750 38,950 233,700 4,885 47.84
Total 12 874,500 61,250 935,750 150,100 1,085,850 17,360 62.55
20%Secretary1 1 59,000 2,269 61,269 12,254 73,523 12,475 5.89Secretary2 1 55,000 2,115 57,115 11,423 68,538 12,475 5.49Secretary3 1 62,000 2,385 64,385 12,877 77,262 12,475 6.19Secretary4 1 58,500 2,250 60,750 12,150 72,900 12,475 5.84
4 234,500 9,019 243,519 48,704 292,223 12,475 23.42
Salary Bonus TotalComp Benefits LoadedPR TotalLH CPHAdministrative 20%
Billing/Accounting 1 48,000 4,800 52,800 10,560 63,360 22,960 2.76Receptionist 1 33,000 3,300 36,300 7,260 43,560 22,960 1.90ContractCFO 0 42,000 42,000 42,000 22,960 1.83ConractCPA(close) 0 12,000 12,000 12,000 22,960 0.52ContractHR 0 12,000 12,000 12,000 22,960 0.52
2 147,000 155,100 17,820 172,920 22,960 7.53
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PAYROLL COST PER HOUR (PRCPH) CALCULATION
TIMEKEEPER PAYROLL AND RELATED
1 2 3 4 Total91,158 86,174 94,897 90,535 362,765
-91,158 86,174 94,897 90,535 362,765
Partner1 0.75Partner2 0.5Partner3 0.5
Sub-total
Associate1 0.25Associate2 0.33Associate3 0.33Associate4 0.34Associate5 0.5Associate6 0.5
Paralegal1Paralegal2Paralegal3
Total 1 1 1 1
Partner1 - - 71,173 - 71,173Partner2 45,579 - - - 45,579Partner3 - 43,087 - - 43,087
Sub-total 45,579 43,087 71,173 - 159,839
Associate1 - - 23,724 - 23,724Associate2 - - - 29,877 29,877Associate3 - - - 29,877 29,877Associate4 - - - 30,782 30,782Associate5 45,579 - - - 45,579Associate6 - 43,087 - - 43,087
Sub-total 45,579 43,087 23,724 90,535 202,926
Paralegal1 - - - - -Paralegal2 - - - - -Paralegal3 - - - - -
Sub-total - - - - -
Total 91,158 86,174 94,897 90,535 362,765
SECRETARIAL COST ALLOCATION
SECRETARIAL COSTS
General Total
Partner1 25,235 25,235Partner2 25,235 25,235Partner3 25,235 25,235
Sub-total 75,706 75,706
Associate1 18,926 18,926Associate2 18,926 18,926Associate3 18,926 18,926Associate4 18,926 18,926Associate5 18,926 18,926Associate6 18,926 18,926
Sub-total 113,559 113,559
Paralegal1 6,309 6,309Paralegal2 6,309 6,309Paralegal3 6,309 6,309
Sub-total 18,926 18,926
Total 208,191 208,191
ADMINISTRATIVE COST ALLOCATION
ADMINISTRATIVE COSTS
Salary Bonus TotalComp Benefits Other TotalAdminAdministrative 20%
Billing/Accounting 1 48,000 4,800 52,800 10,560 17,635 80,995Receptionist 1 33,000 3,300 36,300 7,260 17,635 61,195ContractCFO 0 42,000 42,000 42,000ConractCPA(close) 0 12,000 12,000 12,000ContractHR 0 12,000 12,000 12,000
2 147,000 155,100 17,820 35,271 208,191
ADMINISTRATIVE PAYROLL COST ALLOCATION
ADMINISTRATIVE COSTS
Rent Utilities Insurance R&MaintMethod PerHead Allocated Specific Specifc Total
93% 2% 4% 1.50% 100%273,420 4,410 11,760 4,410 294,000
Table10 Table10 Table10 Table10
Partner1 34,831 562 1,498 562 37,452Partner2 34,831 562 1,498 562 37,452Partner3 34,831 562 1,498 562 37,452
Sub-total 104,492 1,685 4,494 1,685 112,357
Associate1 26,123 421 1,124 421.34 28,089Associate2 26,123 421 1,124 421.34 28,089Associate3 - - - - -Associate4 26,123 421 1,124 421.34 28,089Associate5 26,123 421 1,124 421.34 28,089Associate6 26,123 421 1,124 421.34 28,089
Sub-total 130,615 2,107 5,618 2,107 140,446
Paralegal1 8,708 140 375 140 9,363Paralegal2 - - - - -Paralegal3 8,708 140 375 140 9,363
Sub-total 17,415 281 749 281 18,726
Secretary1 3,483 56 150 56 3,745Secretary2 3,483 56 150 56 3,745Secretary3 3,483 56 150 56 3,745Secretary4 3,483 56 150 56 3,745
Sub-total 13,932 225 599 225 14,981
AdministrativeBilling/Accounting 3,483 56 150 56 3,745Receptionist 3,483 56 150 56 3,745ContractCFOConractCPA(close)ContractHR
Sub-total 6,966 112 300 112 7,490
Total 273,420 4,410 11,760 4,410 294,000
FACILITY COSTS ALLOCATION
FACILITY COSTS
SectionEquipmentRental Postage
ITSupport(PerSeat) Subscriptions Books/Pubs Tele
OnLineResearch Other Total
Method PerHead Allocated Specific Specifc Specific Allocated Allocated AllocatedTable2 Table2 Table2 Specific Specific Table2 Table3 Table232% 1% 41% 13% 3% 2% 6% 2% 100%78,400 2,450 100,450 31,850 7,350 4,900 14,700 4,900 245,000
Partner1 P3 4,356 136 5,581 4,000 700 272 1,225 272 16,542Partner2 P1 4,356 136 5,581 3,000 725 272 1,225 272 15,567Partner3 P2 4,356 136 5,581 2,925 1,200 272 1,225 272 15,967
Sub-total 13,067 408 16,742 9,925 2,625 817 3,675 817 48,075
Associate1 P3 4,356 136 5,581 4,000 700 272 1,225 272 16,542Associate2 P3 4,356 136 5,581 4,000 700 272 1,225 272 16,542Associate3 P3 4,356 136 5,581 4,000 700 272 1,225 272 16,542Associate4 P1 4,356 136 5,581 3,000 725 272 1,225 272 15,567Associate5 P3 4,356 136 5,581 4,000 700 272 1,225 272 16,542Associate6 P2 4,356 136 5,581 2,925 1,200 272 1,225 272 15,967
Sub-total 26,133 817 33,483 21,925 4,725 1,633 7,350 1,633 97,700
Paralegal1 P1 4,356 136 5,581 272 1,225 272 11,842Paralegal2 P3 4,356 136 5,581 272 1,225 272 11,842Paralegal3 P3 4,356 136 5,581 272 1,225 272 11,842
Sub-total 13,067 408 16,742 - - 817 3,675 817 35,525
Secretary1 P1 4,356 136 5,581 272 272 10,617Secretary2 P2 4,356 136 5,581 272 272 10,617Secretary3 P3 4,356 136 5,581 272 272 10,617Secretary4 P3 4,356 136 5,581 272 272 10,617
Sub-total 17,422 544 22,322 - - 1,089 - 1,089 42,467
AdministrativeBilling/Accounting A1 4,356 136 5,581 272 272 10,617Receptionist A2 4,356 136 5,581 272 272 10,617ContractCFO A3 - - - - - -ConractCPA(close) A4 - - - - - -ContractHR A5 - - - - - -
Sub-total 8,711 272 11,161 - - 544 - 544 21,233
Total 78,400 2,450 100,450 31,850 7,350 4,900 14,700 4,900 245,000
EQUIPMENT AND PRACTICE AIDS COST ALLOCATION RECAP
40,000Specific General Total
Table3Partner1 34,000 3,333 37,333Partner2 10,000 3,333 13,333Partner3 45,000 3,333 48,333
Sub-total 89,000 10,000 99,000
Associate1 3,300 3,333 6,633Associate2 2,500 3,333 5,833Associate3 4,000 3,333 7,333Associate4 2,200 3,333 5,533Associate5 3,700 3,333 7,033Associate6 2,300 3,333 5,633
Sub-total 18,000 20,000 38,000
Paralegal1 3,333 3,333Paralegal2 3,333 3,333Paralegal3 3,333 3,333
Sub-total - 10,000 10,000
Total 107,000 40,000 147,000
MARKETING/BUSINESS DEVELOPMENT ALLOCATIONMarketing for benefit of the firm
MARKETING/BUSINESS DEVELOPMENT
7,550Specific General Total
Table3Partner1 5,000 629 5,629Partner2 4,000 629 4,629Partner3 6,000 629 6,629
Sub-total 15,000 1,888 16,888
Associate1 4,000 629 4,629Associate2 2,500 629 3,129Associate3 2,200 629 2,829Associate4 1,000 629 1,629Associate5 1,900 629 2,529Associate6 1,500 629 2,129
Sub-total 13,100 3,775 16,875
Paralegal1 250 629 879Paralegal2 350 629 979Paralegal3 500 629 1,129
Sub-total 1,100 1,888 2,988
Total 29,200 7,550 36,750
CLE AND TRAINING COSTSFirmTraining
CLE AND TRAINING COSTS
Section
Method Kitchen Parking CC WOOffice
SuppliesBank
ChargesTaxes
LicensesContrib. - Charitable
Employee Meals Travel
Mal- practice
Account ing Prof Fees Interest
Emp Functions Total
159,250 2% 1% 1.00% 11% 2% 8% 3% 7% 1% 42% 7% 2% 11.5% 2% 100%3,185 796 1,593 17,518 3,185 12,740 4,778 11,148 1,593 66,885 11,148 3,185 18,314 3,185 159,250
Method Table2 Table3 Specific Table2 Table2 Table3 Table2 Table2 Table2 Table4 Table2 Table2 Specific Table2
Partner1 P3 177 66 700 973 177 1,062 265 619 88 7,432 619 177 5,494 177 18,027Partner2 P1 177 66 300 973 177 1,062 265 619 88 7,432 619 177 4,578 177 16,712Partner3 P2 177 66 593 973 177 1,062 265 619 88 7,432 619 177 8,241 177 20,667
Sub-total 531 199 1,593 2,920 531 3,185 796 1,858 265 22,295 1,858 531 18,314 531 55,406
Associate1 P3 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833Associate2 P3 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833Associate3 P3 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833Associate4 P1 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833Associate5 P3 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833Associate6 P2 177 66 973 177 1,062 265 619 88 7,432 619 177 177 11,833
Sub-total 1,062 398 - 5,839 1,062 6,370 1,593 3,716 531 44,590 3,716 1,062 - 1,062 70,999
Paralegal1 P1 177 66 973 177 1,062 265 619 88 619 177 177 4,401Paralegal2 P3 177 66 973 177 1,062 265 619 88 619 177 177 4,401Paralegal3 P3 177 66 973 177 1,062 265 619 88 619 177 177 4,401
Sub-total 531 199 - 2,920 531 3,185 796 1,858 265 - 1,858 531 - 531 13,204
Secretary1 P1 177 973 177 265 619 88 619 177 177 3,273Secretary2 P2 177 973 177 265 619 88 619 177 177 3,273Secretary3 P3 177 973 177 265 619 88 619 177 177 3,273Secretary4 P3 177 973 177 265 619 88 619 177 177 3,273
Sub-total 708 - - 3,893 708 - 1,062 2,477 354 - 2,477 708 - 708 13,094
AdministrativeBilling/Accounting A1 177 973 177 265 619 88 619 177 177 3,273Receptionist A2 177 973 177 265 619 88 619 177 177 3,273ContractCFO A3 - -ConractCPA(close) A4 - -ContractHR A5 - -
Sub-total 354 - - 1,946 354 - 531 1,239 177 - 1,239 354 - 354 6,547Total 3,185 796 1,593 17,518 3,185 12,740 4,778 11,148 1,593 66,885 11,148 3,185 18,314 3,185 159,251
GENERAL AND ADMINISTRATIVE COST ANALYSIS
1 2 3 4 5 6 7 8 9 10PartnersPartner1 1 1 1 1 1 1Partner2 1 1 1 1 1 1Partner3 1 1 1 1 1 1
3 3 3 3 3 - - - - 3AssociatesAssociate1 1 1 1 1 1 1Associate2 1 1 1 1 1 1Associate3 1 1 1 1 1 -Associate4 1 1 1 1 1 1Associate5 1 1 1 1 1 1Associate6 1 1 1 1 1 1Sub-total 6 6 6 6 - 6 - - - 5ParalegalsParalegal1 1 1 1 1 1Paralegal2 1 1 1 1 -Paralegal3 1 1 1 1 1Sub-total 3 3 3 - - - 3 - - 2
Total 12 12 12 9 3 6 3 - - 10
SecretariesSecretary1 1 1 1 1Secretary2 1 1 1 1Secretary3 1 1 1 1Secretary4 1 1 1 1Sub-total 4 4 - - - - - 4 - 4
Administrative Billing/Accounting1
1 1 11Receptionist 1 1 11ContractCFO
(close)ConractCPA1 1ContractHRSub-total 5 2 - - - - - - 2 2Total 21 18 12 9 3 6 3 4 2 16
FTETABLE
1GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 14.29% 4.76%Associates 6 1 6 28.57% 4.76%Paralegals 3 1 3 14.29% 4.76%Sec 4 1 4 19.05% 4.76%Admin 5 1 5 23.81% 4.76%
Sub-total 21 21 100%
2GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 17% 5.56%Associates 6 1 6 33% 5.56%Paralegals 3 1 3 17% 5.56%Sec 4 1 4 22% 5.56%Admin 2 1 2 11% 5.56%
Sub-total 18 18 100%
3GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 25% 8.33%Associates 6 1 6 50% 8.33%Paralegals 3 1 3 25% 8.33%
Sub-total 12 12 100%
4GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 33% 11.11%Associates 6 1 6 67% 11.11%
Sub-total 9 9 100%
5GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 100% 33.33%Sub-total 3 3 100%
6GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Associates 6 1 6 100% 16.67%Sub-total 6 6 100%
7GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Paralegals 3 1 3 100% 33.33%Sub-total 3 3 100%
8GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Secretaries 4 1 4 100% 25.00%Sub-total 4 4 100%
ALLTIMEKEEPERS,STAFFANDCONTRACTORS
ALLTIMEKEEPERSANDSTAFF(nocontractors)
ALLTIMEKEEPERSONLY
ATTORNEYSONLY
PARTNERSONLY
ASSOCIATESONLY
PARALEGALSONLY
PARALEGALSONLY
9GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Administrative 2 1 2 100% 50.00%Sub-total 2 2 100%
10GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACH
Partners 3 1 3 38% 12.74%Associates 5 0.75 3.75 48% 9.55%Paralegals 2 0.25 0.5 6% 3.18%Sec 4 0.1 0.4 5% 1.27%Admin 2 0.1 0.2 3% 1.27%
Sub-total 16 7.85 100%11
GROSS ADJ.FACTOR ADJ.FTE TYPESHARE EACHPartners 3 1 3 36% 12.12%Associates 6 0.75 4.5 55% 9.09%Paralegals 3 0.25 0.75 9% 3.03%SecAdmin
Sub-total 12 8.25 100%
ADJUSTEDPAYROLLALLOCATIONFORUSE
ALLTIMEKEEPERSANDSTAFFADJUSTEDFORSPACEUSE
ADMINISTRATIVEONLY